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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (130680)	3/22/2001 9:52:10 PM
From: tejek	Read Replies (1) \| Respond to of 186894

John, re: "The irony of all this is that I own some Intel and no AMD." I didn't know that. Why did you sell your AMD? I had no idea how bad things would get. Last fall, the Naz had fallen apart and the economy was weakening making the P4 look like an even bigger threat than it was. Remember this is my first semi cycle....all this stuff is real new from that perspective so I had no idea what to expect nor how bad things could get. But I plan to buy back into AMD...I was going to pick some up in the teens but got sidetracked. While today was great and I believe it may signal that the worst is over, I don't think we are going back up very fast. I came in at the beginning of the last cycle and remember buying NSM at $10 or $11 only to watch go down to $9. And remembering that I sat with it forever or at least months....watching it make a big hole in my portfolio. When it got to $22, I couldn't believe how lucky I was and sold it so fast. It never dawned on me that it could go higher.....I thought it was the worst dog in the world....and wondering who were the stupid people buying in at $22. <g> I barely understood that they made chips that went into PCs, and had no idea that there were as many semis as there are. That was 3 years ago but it seems like ten. When you seriously think about it, it's really bizzare the way the two microprocessor camps compete on these threads. These are only investments, and as investors we have much more in common than we have in conflict. But I sometimes fall into the same trap... When AMD was still an incredibly speculative hold, the taunts from Intel longs would p*ss me off but now I think its pretty funny....mainly because what you say is really true..they are only investments but I think some on both threads believe they actually are determining the future courses of the two companies. ;~)) ted